Climeon wins this year’s Smart Industry competition

Energy technology company Climeon has won first prize in the Smart Industry competition. Climeon converts geothermal heat or waste heat from industries and vessels into green electricity, in a process that relies heavily on digital technology. Two companies, OP Teknik and ZeroPoint Technologies, were each given an honourable mention this year.

Rikard Pettersson, Software Development Manager at Climeon

“We are very proud to receive the Smart Industry award from the Royal Swedish Academy of Engineering Sciences (IVA). It feels extra gratifying that it is our IT strategy and IT platform that are being recognised, as they make a big difference for our customers, but are not always visible to the outside world,” Says Rikard Pettersson, Software Development Manager at Climeon.

Climeon converts low temperature waste heat into energy 

Explaining their decision to select this year’s winner, the jury wrote: Climeon AB, a Swedish energy technology product company, is the winner of the Smart Industry 2020 competition for making significant sustainability gains while utilising the possibilities of digitalisation to develop both products and business. The company, which converts low-temperature waste heat and geothermal heat into green electricity, has grown in just a few years from a small start-up with a prototype and a few employees to a scale-up with over 90 employees in five countries, multiple commercial installations and sales of SEK 100 million. Thanks to carefully considered customer adaptations, smart use of data and a flexible business model that combines tradition with innovation, Climeon meets all of the jury’s criteria and shows great potential for continued positive development. 

“The jury had a difficult task as all of the candidates were excellent and very interesting. The fact that many of this year’s finalists are IoT companies – something several members of the jury have wanted to see in previous years – is particularly gratifying and is also evidence of the enormous development that has taken place in this area since the competition was established five years ago,” says Johan Weigelt, Vice President of IVA and chair of the jury. 

Honourable mention to OP Technology and ZeroPoint Technologies 

OP Technology is awarded an honourable mention for using interesting and exciting technology to deliver an important piece of the puzzle in the circular economy – intelligent waste sorting using AI and robotics.  

ZeroPoint Technologies is awarded an honourable mention for developing leading-edge technology with the potential to radically improve efficiency in essentially all digital systems, resulting in a significant reduction in both energy consumption and production and operating costs.  

About Smart Industry 

The competition, which was established in 2016 by Siemens, the Association of Swedish Engineering Industries and IVA, recognises and rewards enterprises that take advantage of the opportunities offered by digitalisation in a smart and innovative way and achieve clear results. The first prize is a customised international knowledge trip arranged by IVA in cooperation with the German-Swedish Chamber of Commerce. This year six finalists were named: Climeon, LumenRadio, OP Teknik, MTEK Industry, Somas Instrument and ZeroPoint Technologies.  

Contact information

Per Andersson
Press Officer
Phone +46 72-071 39 73